Home Tags Posts tagged with "For-Sale-By-Owner"
The Organisme d'autoréglementation du courtage immobilier du Québec (OACIQ) is urging the government to adopt Bill 141 "to better protect members of the public in their real estate or mortgage transactions".
I'll opine here that as the market evolves into more balanced or buyer-favoured conditions, FSBOs may once again fall further into fringe territory. Why do most fail? Think about the term "private sale"; it's private.
As part of an online campaign, CREA is looking for unhappy FSBOs. Or in other words, people in the Greater Toronto Area (GTA) who had a bad experience while trying to buy or sell their homes without a Realtor.
What most home sellers on that path don't know, however, can land them in major litigation and financial loss. DIY property sales companies will barely touch the subject or avoid it entirely.